Hiring military veterans is good for business, according to a new study. Conducted by the Washington think tank Center for a New American Security, the study uncovers why companies hire veterans and the challenges they face in doing so.
The 69 businesses examined, including AT&T, Bank of America, the Boeing Co., Kraft Foods and PepsiCo, provided a number of reasons behind their decision to hire veterans, including:
- Leadership and teamwork skills: Veterans typically have led colleagues, accepted direction from others and operated as part of a small team.
- Character: Veterans are perceived as being trustworthy, dependable, drug-free and having a strong work ethic.
- Structure and discipline: Companies appreciate veterans’ experience in following established procedures.
- Expertise: Companies value veterans’ occupational skills, job-specific experiences and understanding of the military community.
- Dynamic environment: Veterans are accustomed to performing and making decisions in dynamic, rapidly changing circumstances.
- Effectiveness: Company representatives report that veterans “get it done.”
- Proven success: Some organizations hire veterans largely because other vets already in their organization have been successful.
- Resiliency: Veterans are accustomed to working in difficult environments, traveling and relocating.
- Loyalty. Veterans are committed to the organizations they work for, which can translate into longer tenure.
- Public relations value: Some companies have found that hiring vets has marketing benefits.